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Feb 16, 2013
02/13
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and fast growing economies like china slammed on the brakes with higher interest rates. you got obliterated. how about in if you owned too many banks right before the financial crisis hit? i know a lot of people who did, by the way, because they had such good yields. too many tech stocks going into the dot-com bust. that's where the ruination occurred, something that soured an entire generation of people on investing. spread your money across stocks in unrelated sectors so when something happens that makes one of them go down hard the rest remain relatively unscathed. sometimes they can even go high per that's your basic diversification. and it is mandatory in cramerica. but you know what? if you're going to be prepared for anything it's not enough to make sure your stocks don't overlap. you need a portfolio that works in all kinds of markets. tonight i want to explain and refine what i like to call the new diversification. how to protect your wealth and ensure you own something that works in an increasingly chaotic, difficult, unforgiving, nauseating, miserable market.
and fast growing economies like china slammed on the brakes with higher interest rates. you got obliterated. how about in if you owned too many banks right before the financial crisis hit? i know a lot of people who did, by the way, because they had such good yields. too many tech stocks going into the dot-com bust. that's where the ruination occurred, something that soured an entire generation of people on investing. spread your money across stocks in unrelated sectors so when something...
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Feb 16, 2013
02/13
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and the way to reduce it obviously is to get the economy growing again. you know, it doesn't really do any good to keep taking from this tree or that tree and squeezing it down. you know, i talked -- i like parables so in the book i give a parable of two identical brothers. they are put on deserted islands with their families. one had the philosophy -- they only ate trees and products of trees. one had the philosophy i'm going to eat what i need and i'm going to let the others grow. pretty soon he had an entire forest and another enough food for everyone. the other, as soon as a sampling came up he was on it and was eating it, and he and his family eventually starved to death. basically the same thing, if you keep taking and taking rather than create a situation where you can grow. you look at the fact that we have the highest corporate taxes in the world. and then we wonder why companies are going offshore. well, we need to go back to basic business school and understands that companies are there to earn money, not to be social welfare organisms. >> let
and the way to reduce it obviously is to get the economy growing again. you know, it doesn't really do any good to keep taking from this tree or that tree and squeezing it down. you know, i talked -- i like parables so in the book i give a parable of two identical brothers. they are put on deserted islands with their families. one had the philosophy -- they only ate trees and products of trees. one had the philosophy i'm going to eat what i need and i'm going to let the others grow. pretty soon...
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Feb 16, 2013
02/13
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economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink of destruction. this time over a march 1st deadline for the across-the-board government cuts known as the sequester. >> this is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware t
economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink...
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Feb 17, 2013
02/13
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whether it is the economy, healthcare. all issues on the table. our studio audience will join the discussion, next. [ male announcer ] why is kellogg's crunchy nut so delicious? because every flake is double-toasted... splashed with sweet honey... and covered in rich double-roasted peanuts. mmm. [ hero ] yummy. [ male announcer ] kellogg's crunchy nut. it's super delicious! ♪ [ male announcer ] start with a groundbreaking car. good. then invent an entirely new way to buy one. no. no. no. yes! a website that works like a wedding registry. but for a car. first, you customize it. then let people sponsor the car's parts as gifts. dad sponsors the engine for your birthday. grandma sponsors the rims for graduation. the car gets funded. then you pick up your new dodge dart at the dealership. and all that's left to do is say thanks. easy. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the fi
whether it is the economy, healthcare. all issues on the table. our studio audience will join the discussion, next. [ male announcer ] why is kellogg's crunchy nut so delicious? because every flake is double-toasted... splashed with sweet honey... and covered in rich double-roasted peanuts. mmm. [ hero ] yummy. [ male announcer ] kellogg's crunchy nut. it's super delicious! ♪ [ male announcer ] start with a groundbreaking car. good. then invent an entirely new way to buy one. no. no. no. yes!...
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Feb 16, 2013
02/13
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since 1979, prices for an average domestic economy airfare have dropped from $579 then to $365 now though they have started to tick up a little bit lately. so so much for that myth that merging airlines causes prices to go up. thanks for watching me this week. find me on niceback at facebook.com/ali velshi "see you monday at 3:30 p.m. for your moneyly daily". have great weekend. >>> hay there, everybody. it is 2:00 p.m. on the east coast. 11:00 a.m. on the west. for those of you who are just tuning in, thanks so much for joininguous. i'm deborah feyerick. here are some of the top stories we're following in the cnn newsroom for you. people in russia are cleaning up the damage after a meteor blast over theure rales. officials estimated the destruction at over $33 million. more than 1,000 people were injured in the meteor blast. divers looking for the meteor in a frozen lake have not found any traces so far. >>> in south africa, the country's olympic hero oscar pistorius denies killing his girlfriend on valentine's day. he's spending the weekend in jail. he's charged with the killing of his
since 1979, prices for an average domestic economy airfare have dropped from $579 then to $365 now though they have started to tick up a little bit lately. so so much for that myth that merging airlines causes prices to go up. thanks for watching me this week. find me on niceback at facebook.com/ali velshi "see you monday at 3:30 p.m. for your moneyly daily". have great weekend. >>> hay there, everybody. it is 2:00 p.m. on the east coast. 11:00 a.m. on the west. for those of...
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Feb 16, 2013
02/13
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prices for an average domestic economy airfare have dropped from 199 from $579 then to $365 now. at the same time, the number of airlines has been shrinking after airline deregulation came into effect, there were 20 major airlines in the u.s., by 1990, only 12 in operation, today just seven, and with u.s. air and american merging, we'll be down to six. u.s. air and american don't have a lot of overlapping routes or hubs. in the end, there'll be about eight routes out of the combined 900 or so that will only be served by one airline. >>> how about the state of north dakota? they have the fewest number of residents who say they are gay, lesbian, bisexual, or transgender. that's according to a new gallup survey. i want to break it down for you, topping the list, the nation's capital, washington, d.c. at 10%, hawaii was the next at 5.1%, tieing for third, vermont and oregon at 4.9%. just 1% of north dakotans say they are gay or lesbian, 1.7%. >>> american soccer player robby rogers has made an amazing revelation. he says he's gay and retiring from professional soccer. he says soccer
prices for an average domestic economy airfare have dropped from 199 from $579 then to $365 now. at the same time, the number of airlines has been shrinking after airline deregulation came into effect, there were 20 major airlines in the u.s., by 1990, only 12 in operation, today just seven, and with u.s. air and american merging, we'll be down to six. u.s. air and american don't have a lot of overlapping routes or hubs. in the end, there'll be about eight routes out of the combined 900 or so...
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Feb 20, 2013
02/13
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but if you get higher rate because the economy is doing better, that will push money away from fixed income and help the equity market out. >> and we are seeing strength in the dollar now as well. >> thank you for joining us david kelly. in the meantime, home builder stocks are taking a beating today after the commerce department reported an 8.5% in housing starts last month. is the stock a drying up or sell for more than a year now. here is rbc capital markets. he has the boom more than a year ago. so hope we get it right this time as well. is the housing recovery stall out here? >> no, we are bullish. what we are seeing today is growing pains. we go from very depressed base. we expect the growth to continue. sure, coming in at 890,000. er with looking for 915,000 housing starts. december was revised upward to $973,000. all in all, trend is positive over year over year basis. there is a breather here for a bit. you will have a pull back. don't get away or take your money out of market. we like home builder equities. >> kirk cameron was hot too. then the career tapers off and you thi
but if you get higher rate because the economy is doing better, that will push money away from fixed income and help the equity market out. >> and we are seeing strength in the dollar now as well. >> thank you for joining us david kelly. in the meantime, home builder stocks are taking a beating today after the commerce department reported an 8.5% in housing starts last month. is the stock a drying up or sell for more than a year now. here is rbc capital markets. he has the boom more...
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Feb 19, 2013
02/13
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they invest in the economy. they pay taxes. we talk about them as if they're this group of people who come down from another planet every once in a while and spend time. i like the business community for a singular reason. they employ people. they're small business people. they're big business people. there are those that do things we don't like, and there many, many we do things that we do like. it's calculated on the part of what andrew said, to andrew's point that the sequester will probably take effect, and they're counting on between march 1st and march 27th the pain that we all anticipate being so great that it will force congress to do their job. i don't blame the business community for factoring in, trying to protect and trying to insure that they can do business going forward. the markets suggest that they have adjusted in many ways. do i detest them for doing that? by no means. what i'm most upset with is washington. if you are a pedestrian watching, this is the same conversation that took place on election day to dec
they invest in the economy. they pay taxes. we talk about them as if they're this group of people who come down from another planet every once in a while and spend time. i like the business community for a singular reason. they employ people. they're small business people. they're big business people. there are those that do things we don't like, and there many, many we do things that we do like. it's calculated on the part of what andrew said, to andrew's point that the sequester will probably...
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Feb 20, 2013
02/13
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economy. take a listen. >> we know trade secrets can cripple a company's advantage in foreign markets and put american jobs in jeopardy and that strategy coordinates and improves u.s. government efforts to protect the u.s. economy and supports jobs in the united states. >> guys, that's it from here. they are talking about this very much as a jobs issue. back to you. >> eamon, thank you very much. we'll see you later. heading towards the close. setting lows again for the day right now, mandy. the dow is down 101 points. the markets spooked by the fed minutes that showed in the last meeting fed governors and bank presidents were beginning the discussion of when to pull back on some of the monetary easing that they have been going through for the last several years. >> looking here at the tweet from bill gross. many participants concerned about further asset purchases. >> macy's and j.c. penney duking it out in court over which department has the right to sell martha stewart branded products. fin
economy. take a listen. >> we know trade secrets can cripple a company's advantage in foreign markets and put american jobs in jeopardy and that strategy coordinates and improves u.s. government efforts to protect the u.s. economy and supports jobs in the united states. >> guys, that's it from here. they are talking about this very much as a jobs issue. back to you. >> eamon, thank you very much. we'll see you later. heading towards the close. setting lows again for the day...
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Feb 21, 2013
02/13
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they'll hurt our economy. they'll raise the unemployment rate, and the reason is because congress has not been able to compromise on a deficit reduction package that's more sensible. >> unfortunately but not surprisingly, republicans are unmoved. once again looking at the same polls, they unskew a slightly different message from the american electorate. >> i hope and believe the republicans will allow the sequestration to go into effect so that we can start down a path of trying to get control of spending and reduce the deficit. >> the big boulder standing in way of any kind of resolution is the issue of taxes and the closing of tax loopholes. republicans won't hear of it. even if polls show that 76% believe deficit reduction must be a combination of tax hikes and spending cuts. which may sound familiar because back in december when voters again said they wanted tax hikes as part of a deal avoiding the fiscal cliff, here is what republicans were saying. >> the election wasn't a mandate to raise taxes. >> an ob
they'll hurt our economy. they'll raise the unemployment rate, and the reason is because congress has not been able to compromise on a deficit reduction package that's more sensible. >> unfortunately but not surprisingly, republicans are unmoved. once again looking at the same polls, they unskew a slightly different message from the american electorate. >> i hope and believe the republicans will allow the sequestration to go into effect so that we can start down a path of trying to...
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Feb 20, 2013
02/13
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walmart is freaking out about the economy, should the rest of us? let's bring in "washington post" economic policy correspondent jim. should the rest of us freak out? >> maybe, there's two possible stories, one is that walmart is seeing is very bad for the rest of the economy. and that's the story like this. consumers weren't expecting a big payroll tax hike to hit them in january and started to notice it when the paychecks were lighter than expected in the first half of the month, seconds half of the month. they pulled way back on spending in february. there's going to be some of that effect going on. obviously most economists think the payroll tax hike will chill growth in some way. the question is, will consumers adjust and is it sort of a one time deal? the other story though, walmart tends do do very well in recessions because they are such a retailer that caters to the lower end of the economic spectrum. they've stocked cheap products. it's possible if people are doing better now they are moving to slightly more expensive rivals of walmart lik
walmart is freaking out about the economy, should the rest of us? let's bring in "washington post" economic policy correspondent jim. should the rest of us freak out? >> maybe, there's two possible stories, one is that walmart is seeing is very bad for the rest of the economy. and that's the story like this. consumers weren't expecting a big payroll tax hike to hit them in january and started to notice it when the paychecks were lighter than expected in the first half of the...
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Feb 23, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cults over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester, and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced budget cuts were created during the 2011 debt ceiling debacle. they were passed by congress and signed by the white house. worst-case scenario that would be so bad it would force lawmakers to make a deal. now it's become a poisoned pill that the nation may have to swallow beginning march 1st. and if it happens, 70,000 children kicked off head start programs, putting more than 14,000 teaching and staff jobs at risk. fewer inspections for things like horse meat in your burgers, cuts to mental health programs mean almost 400,000 seriously m
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cults over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester, and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the...
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Feb 22, 2013
02/13
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20% cut in people's income which is very disturbing for people who are working hard and part of the economy. for those of us who fly you are going to have to adjust the schedule and reduce the number of flights. we will see the system remain
20% cut in people's income which is very disturbing for people who are working hard and part of the economy. for those of us who fly you are going to have to adjust the schedule and reduce the number of flights. we will see the system remain
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Feb 22, 2013
02/13
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economy. all right. i mean, unless you criticize me on this. not everyone's getting the benefit of the doubt. right now the gang at apple is being viewed about as cool as the bell bottom-wearing drones at microsoft. in fact, the stock's actually cheaper than microsoft. and get this, it's being sued by a large shareholder for not creasing enough value, even as it's been about the world's biggest value creator of all time. suddenly the street's turned on whole foods, a former darling, and it likes safeway of all things. proving there truly is no accounting for taste. and i have no idea what's happened for coach to get its mojo back but i've been thinking, maybe it needs to get into bowling bags! but the overall theme is clear. if you screw up and confess culpability while laying out a course of action you're going to be richly rewarded for it in this environment. sought bottom line is don't be so quick to blow out of a non-performer. it just might come roaring back without you. stay with cramer. >> coming up, housewarming spec. cramer's gone hous
economy. all right. i mean, unless you criticize me on this. not everyone's getting the benefit of the doubt. right now the gang at apple is being viewed about as cool as the bell bottom-wearing drones at microsoft. in fact, the stock's actually cheaper than microsoft. and get this, it's being sued by a large shareholder for not creasing enough value, even as it's been about the world's biggest value creator of all time. suddenly the street's turned on whole foods, a former darling, and it...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was obama and neighbors went to the democratic leader and harry reid and said this is the solution. >> sean: there you have it the plan that the president is calling not smart, not fair, was actually his solution to quote, saving the economy. again, that's not what we heard today at the white house, what we heard was our commander campaigner in chief reverting back into election mode and blaming republicans and using pathetic scare tactics to smear the opposition. sound familiar? you've heard the fear mongering, what i'm about to play is only desc
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was...
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Feb 22, 2013
02/13
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CNN
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johnson. [ female announcer ] to nurses everywhere, ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. >>> the los angeles county coroner is doing an autopsy today on a young woman whose body was found in one of the most unsettling places we've ever heard of. the 21-year-old canadian tourist's body was found inside a water tank behind a locked door on a hotel's rooftop. we don't know how she died or got into the water tank. but we do know her decomposing body was in that tank as long as 19 days and the whole time, hotel guests were drinking that water. >> reporter: water from the tap, something the cecil hotel doesn't want you to see. hotel residential vin taylor helped us videotape it with a cell phone
johnson. [ female announcer ] to nurses everywhere, ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. email marketing from constant contact reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try....
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Feb 21, 2013
02/13
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it's not going to trirg the economy. >> to drive that point home when you consider the sequester it is just a tiny slice of the pie. it shows how difficult it is to make relatively small spending cuts in washington. this represents 2-3 percent of federal out lay. >> doug luzader in washington. thank you so much, doug. >> time for an extreme weather alert. the snow already falling in wichita, kansas. look at that making a mess of the morning commute. folks could see a foot of snow by the end of today. that's all thanks to mother nature of course. janice dean is tracking the storm. this is bigger than that it is two-thirds of the country. >> what was the groundhog thinking when he predicted an early spring. 6-2 inches for a big section of the midwest. in come ca some cases we could t 16 to 24. this is the area i am concerned about we could see freezing rain and/or sleet. we have ice storm warnings we can see half an inch of ice on the roads and power lines. we have a snow event in kansas, nebraska, in towards iowa. there's the bulls eye we could see 2 feet of snow around the kansas city
it's not going to trirg the economy. >> to drive that point home when you consider the sequester it is just a tiny slice of the pie. it shows how difficult it is to make relatively small spending cuts in washington. this represents 2-3 percent of federal out lay. >> doug luzader in washington. thank you so much, doug. >> time for an extreme weather alert. the snow already falling in wichita, kansas. look at that making a mess of the morning commute. folks could see a foot of...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. >> and it doesn't stop there. we're talking thousands of teachers who are going to be laid off across america. there will be cuts to primary health care for hundreds of thousands of americans. preventative care, like cancer screenings are also going to be hit and taken off the list. i mean cuts to the military are also going
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi...
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Feb 21, 2013
02/13
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let's cut $85 billion out of the hide of the economy. let's remove hope from the country, maybe risk a second dip because it all helps the republican party and the ideology of lower government, less government. your thoughts. >> well, i doubt you read that they said well, you know, let's take hope out of the country and ruin the economy. but i get your point. what i find interesting in your argument, chris, is that you seem to overlook the fact that you have just as many democrats out there screaming the same thing on the left starting with someone like howard dean. you're also overlooking the fact that this whole idea of sequestration emanated out of the economic team of the white house. >> whoa, whoa, whoa. what office does howard dean hold right now? >> i'm saying you're pointing and saying this is just republicans talking about this. you have democrats in the senate and the house. you have democrats outside of the senate and the house who feel the same way, that maybe this is a moment that pushes both of these folks, the white house
let's cut $85 billion out of the hide of the economy. let's remove hope from the country, maybe risk a second dip because it all helps the republican party and the ideology of lower government, less government. your thoughts. >> well, i doubt you read that they said well, you know, let's take hope out of the country and ruin the economy. but i get your point. what i find interesting in your argument, chris, is that you seem to overlook the fact that you have just as many democrats out...
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Feb 23, 2013
02/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at the beach? what side do you like better? i like the results on the right. i'm gonna go with the one on the left. oh! bing won! people prefer bing over goog
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much...
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Feb 19, 2013
02/13
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MSNBCW
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eye 136
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> president used today's appearance with a group of first responders to explain what these cuts would mean to the life of an average american family. cuts to airport security. thousands of teachers laid off. hundreds of thousands denied primary and preventative medical care. and if these cuts do go into effect, the president made sure that everyone would know it was republicans fanaticism over taxes that will be to blame. >> and so far at least what they have expressed is a preference where they'd rather have these cuts go into effect than close a single tax loophole for the wealthiest americans. not one. >> and it didn't take long for the gop response. in fact, it didn't take any time at all. senator mitch mcconnell's reaction arrived in my inbox before the president finished speaking. today's event at the white house proves once again that more than t
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> president used today's appearance with a group of first responders to explain what these cuts would mean to the life of an average american family. cuts to airport security. thousands of teachers laid off. hundreds of thousands denied primary and preventative medical care. and if these cuts do go into effect, the president made...
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Feb 17, 2013
02/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> are cardinal mahoney archbishop in los angeles who has in his ministry done a lot of laudible things particularly around immigrants and immigration and creating a kind of sense of oasis for people feeling alienated, marginalized, persecuted in american life not documented, that said his handling of child rapists within the flock of his priests is horrifying and i just want to give an example because this man will be voting on the next pope and to me the fact that he'll be voting on the next pope sim bottomizes exactly everything that's wrong right now with where the church is in terms of dealing with this, dealing with this evil. father peter garcia was a
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ >>> are cardinal mahoney archbishop in los angeles who has in his ministry done a lot of...
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Feb 16, 2013
02/13
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the economy is growing. the president has indicated we have an opportunity for innovation and growth. and i believe that that is our pathway forward. if the speaker does not want to come back to the table of compromise and address how we can both bring down the debt and grow the economy, then all we're going to be facing is a recession. >> sure. >> and that seems to be what their direction is, that they're willing to slash and burn as opposed to finding the right pathway of securing revenue which we have attempted to do and balance and bring down the deficit. and they won't do anything with revenue. nothing at all. >> john garamendi, where's the sense of urgency here? what are you doing on vacation? >> well, we've been told not to be in congress. speaker boehner controls the agenda, controls the calendar for the house of representatives and he sent us home. democrats, i think all of us today voted not to go home, but rather to stay and work next week. and he said no. >> all right. president obama was in chic
the economy is growing. the president has indicated we have an opportunity for innovation and growth. and i believe that that is our pathway forward. if the speaker does not want to come back to the table of compromise and address how we can both bring down the debt and grow the economy, then all we're going to be facing is a recession. >> sure. >> and that seems to be what their direction is, that they're willing to slash and burn as opposed to finding the right pathway of securing...
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Feb 18, 2013
02/13
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what promises to be a serious recession is beginning to affect the economy there, and fiat and other european carmakers are struggling. but it should not affect the future of chrysler. do you think they're out of the woods? >> i think the question of whether chrysler will survive or not is largely behind us. i think the question at this point is how big a market share can they have? how good can their products be? >> there are plenty of new products in the pipeline. but marchionne, who is right now obsessed with quality, is taking nothing for granted. what's the biggest challenge facing chrysler right now? >> that we're gonna slip on execution. we're gonna get something wrong, big. >> like what? >> we're gonna screw up on a car. it won't sell. it's possible. >> can you afford that? >> one car, yes. now i can afford a car. 12 months ago, it would have been a--it would have been a disaster. but now i can take the pain. not-- one--one car. >> since our story first aired, chrysler's comeback has continued. in september 2012, the company announced that its sales had increased 11.5% from t
what promises to be a serious recession is beginning to affect the economy there, and fiat and other european carmakers are struggling. but it should not affect the future of chrysler. do you think they're out of the woods? >> i think the question of whether chrysler will survive or not is largely behind us. i think the question at this point is how big a market share can they have? how good can their products be? >> there are plenty of new products in the pipeline. but marchionne,...
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Feb 18, 2013
02/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] that's why there's ocuvite to help replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help protect your eye health. ocuvite. help protect your eye health. >>> i'm bret baier in washington. the big story here today is president obama's leaked immigration plan. tonight on "special report" the news that the president has his own version of immigration reform legislation came as something of a surprise to the bipartisan group of senators already working on framework of a deal. gasoline prices are up for the 32nd day in a row. the average price is $3.783 a gallon and yet there is it will to no movement on proponed keystone xl pipeline to bringca fadian oil to the gu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] that's why there's ocuvite to help replenish key eye nutrients. ocuvite has a unique formula not found in your multivitamin to help...
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Feb 21, 2013
02/13
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CNBC
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the economy has clearly moved from crisis back to growth, if you will, a more normal economy. the fed is continuing to employ policies that are still crisis like policies. that you only use in terms times the national emergency. i think they need to normalize them. and i think it's a good thing. i think people fear that the fed is going to stop and the market is going to collapse. i think yesterday is going to be reflected on as the fed saying they're seeing a economy that doesn't stand as much on its own two feet. >> the economy was doing pretty well and we were shocked that they continued to be, you know, so accommodative. and now, i don't know whether it's better than six months agnesly. now i'm wondering whether they ever knew what they were doing. if they're now questioning it -- >> how many times have you said that over the last three years? >> that must mean they don't know what the hell they're doing. scott, if they did it six months ago and they were sure it was the right move, now we've got gasoline prices, payroll taxes, all this other stuff happening to unemploymen
the economy has clearly moved from crisis back to growth, if you will, a more normal economy. the fed is continuing to employ policies that are still crisis like policies. that you only use in terms times the national emergency. i think they need to normalize them. and i think it's a good thing. i think people fear that the fed is going to stop and the market is going to collapse. i think yesterday is going to be reflected on as the fed saying they're seeing a economy that doesn't stand as much...
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Feb 24, 2013
02/13
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we are in part where our economy is not recovered from a tremendous recession. where the president rightly used, as an opportunity to try to rebuild the economy, invest in renewable energy, which is incredibly important. now, trying to figure out how in the context of incredible, real pain that real people are feeling on the job market, most of how people are seeing keystone is in this frame of jobs. jobs, jobs, jobs. >> you end up with 69% of the people supporting. >> the part of the conversation that's not happening to your point about information is if we invest, it's 1.9 million jobs compared to 20,000 keystone will create. what are the jobs going to produce in terms of our communities? i would rather see the energy that ensures our kids aren't getting cancer and asthma rates are not increasing and that, you know, one of the biggest contributors to the deficit is health care costs. when you think of the big problems we are trying to solve in the country, we are not talking about whether or not keystone is good or bad for 20,000 jobs. the impact on health, co
we are in part where our economy is not recovered from a tremendous recession. where the president rightly used, as an opportunity to try to rebuild the economy, invest in renewable energy, which is incredibly important. now, trying to figure out how in the context of incredible, real pain that real people are feeling on the job market, most of how people are seeing keystone is in this frame of jobs. jobs, jobs, jobs. >> you end up with 69% of the people supporting. >> the part of...
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Feb 22, 2013
02/13
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economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a drag. but i think it will be probably a smaller drag than macro advisers, they tend to overstate in my view. >> burt you're listening. where do you come down on this? >> i agree with this. i think 2.5% is about right. you know, the consumer is chugging along here okay. business spending is accelerating and that's certainly really good news. the real danger here for me is europe. you know, the bad news out of spain with the budget deficit. you know, i don't know who's taking these german competence surveys, but clearly senti
economy. >> no. except now we get to introduce the volatility and the uncertainty related to the sequester. as we were talking about off camera with becky, macro economic advisers who seem to be the barometer for this right now have it hitting gdp like 0.6%. if you're optimistic for the full year you've got to cut that on your forecast. while that may not be the same as a european inspired decline it's enough to push the fed further off the future isn't it not? >> it's certainly a...
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Feb 16, 2013
02/13
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MSNBC
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these are the jobs that growing in our economy. you know. the good paying jobs of yesterday have gone and a lot of them are not coming back. the public sees all of this. and so they -- that's why they support raising the minimum wage by so much. where is the opposition? you know. it is with lawmakers. >> also, interest groups. >> yes. let me say i was doing a lot of reading on minimum wage and sort of where people fall on this. i could probably, you know, yesterday i saw -- talking to an economist who was telling me -- he's not really republican or democrat. he was just -- telling me that when you raise the minimum wage, then inflation goes up. then you raise the minimum wage and inflation goes up and you raise the minimum wage. i said well, how does that affect -- well, let's sma one working at mcdonald's, minimum wage, they pass the, you know, price on to the consumer. so -- again, i can -- we can probably get, you know, 50 economists on either side telling us why it is good or bad. then also businesses like you say -- >> you won't get a b
these are the jobs that growing in our economy. you know. the good paying jobs of yesterday have gone and a lot of them are not coming back. the public sees all of this. and so they -- that's why they support raising the minimum wage by so much. where is the opposition? you know. it is with lawmakers. >> also, interest groups. >> yes. let me say i was doing a lot of reading on minimum wage and sort of where people fall on this. i could probably, you know, yesterday i saw -- talking...
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Feb 18, 2013
02/13
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but we're going to see this reflect in the markets and see this reflect in the economy if this does happen, and then you're going to have more finger-pointing. >> mark, your fix-a-debt, are they going to come down hard on congress, even if it's the republicans, if they believe the republicans are walking away from a deal? >> we should be pushing both sides for a deal because it's going to take both sides to get the deal done. but when tom friedman in the new york times and the washington post says had the $1.5 trillion that the president is talking about is not enough, is really isn't tax reform. so i think you're seeing a growing crescendo and this will crowd it every issue if we don't address it. >> you heard the white house say this weekend, when denis mcdonough went out and said you cannot raise the age in medicare because it's a cost-shifting not a cost-saver. >> that's because, if you raise it to 67, the 65-year-olds, many of them are healthy, medicare isn't spending a lot of money on them. if you move up to 67, you're ending up having to, you're not seeing a lot of saving in revenue
but we're going to see this reflect in the markets and see this reflect in the economy if this does happen, and then you're going to have more finger-pointing. >> mark, your fix-a-debt, are they going to come down hard on congress, even if it's the republicans, if they believe the republicans are walking away from a deal? >> we should be pushing both sides for a deal because it's going to take both sides to get the deal done. but when tom friedman in the new york times and the...
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Feb 19, 2013
02/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this...